LEARN NC

K–12 teaching and learning · from the UNC School of Education

Goal 7

The learner will apply basic economic concepts and evaluate the use of economic resources within communities.

Objective 7.04

Identify the sources and use of revenue in the community.

Resources aligned to this objective

Economic Resources Using Thinking Maps
This lesson uses several literature selections in order to identify and classify natural, human, and capital resources. Students will work together in small groups to gather information and individually complete a Thinking Map. The assessment includes completing a Tree Map individually and sharing group information with the rest of the class. This lesson will take two days.
Format: lesson plan (grade 2 English Language Arts and Social Studies)
By Robin Campbell.

Lesson plans on the web

A pirate's life
Students explore websites to examine pirate characteristics and lifestyles. (Learn more)
Format: lesson plan (grade 1–2 English Language Arts and Social Studies)
Provider: National Geographic
The rhythm of rice production
In this Xpeditions lesson, students explore the importance of rice in Asian communities. They then learn about the "rhythm" of rice production as they are introduced to its growing cycle. (Learn more)
Format: lesson plan (grade 2 Social Studies)
Provider: National Geographic
This little piggybank went to market
Students understand that work is a source of income. (Learn more)
Format: lesson plan (grade K–2 Social Studies)
Provider: National Council on Economic Education
To market to market
Students will participate in a marketplace simulation by role-playing producers and consumers. (Learn more)
Format: lesson plan (grade K–2 Social Studies)
Provider: National Council on Economic Education
What would you work hard for?
This lesson, from Xpeditions, has students go through a simulation to learn about value, abundance, and scarcity. They are asked to consider the things that they would be willing to work very hard for. (Learn more)
Format: lesson plan (grade 2 English Language Arts and Social Studies)
Provider: National Geographic
Who pays for city hall?
Students learn that city governments provide goods and services by collecting taxes from citizens. (Learn more)
Format: lesson plan (grade 1–3 Social Studies)
Provider: National Council on Economic Education